$XRP Bullish Breakout Retest 4h Chart 🟢
Falling wedge breakout and retest
Price broke out of the falling wedge and ran up to 1.3990, then pulled back and retested the broken line near 1.2560.
Buyers defended the 1.2534 to 1.2591 support right there, and price has made higher lows along a rising trendline since.
Now it is pushing into the 1.3135 to 1.3210 resistance zone with green candles.
so buyers are active, but price needs a clean close to confirm.
A 4h close above 1.3210 can send XRP to 1.3400 and then 1.3600.
The big wall sits at 1.3890 to 1.3990
A 4h close below the rising trendline near 1.2930 can drop price to 1.2800 and then 1.2560
#xrp #EarningsSeason
Falling wedge breakout and retest
Price broke out of the falling wedge and ran up to 1.3990, then pulled back and retested the broken line near 1.2560.
Buyers defended the 1.2534 to 1.2591 support right there, and price has made higher lows along a rising trendline since.
Now it is pushing into the 1.3135 to 1.3210 resistance zone with green candles.
so buyers are active, but price needs a clean close to confirm.
A 4h close above 1.3210 can send XRP to 1.3400 and then 1.3600.
The big wall sits at 1.3890 to 1.3990
A 4h close below the rising trendline near 1.2930 can drop price to 1.2800 and then 1.2560
#xrp #EarningsSeason
